COHERENT CORP.(COHR)Stock Analysis
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Rank #665 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
COHR Stock Analysis & AI Quality Score
AI stock analysis and institutional research for COHERENT CORP. (COHR), a Technology sector company. 13F Pro's AI-powered ranking engine scores COHR at 64.0/100 on a 32-signal composite quality model, placing it at rank #665 of 2,879 stocks — the top 25% of the AI-ranked universe. COHR scores in the top quartile across institutional flow (86.6), revenue growth (82.0), revenue scale (82.0). Areas of concern include free cash flow (21.1) and earnings quality (30.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 35.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q3 2026), COHERENT CORP. reports quarterly revenue of $1.8B, net income of $191.4M, an operating margin of 10.2%. Top institutional holders of COHR by reported 13-F value include FMR, BlackRock,, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. COHR trades on the NYSE exchange and files with the SEC under CIK 820318. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate COHR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for COHERENT CORP. directly from SEC EDGAR. COHERENT CORP.'s 13F Pro composite quality score has ranged between 8 and 70 since 2021, currently 64.0 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q3 2026
$1.8B
Net Income
Q3 2026
$191.4M
Free Cash Flow
Q3 2026
$-383.5M
Operating Margin
Q3 2026
10.2%
ROIC
Q3 2026
1.3%
D/E Ratio
Q3 2026
0.30
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+12.6% YoYNet Income
+119.0% YoYOperating Income
EPS (Diluted)
+82.3% YoYTotal Assets
+8.8% YoYTotal Debt
-11.6% YoYOp. Cash Flow
-0.1% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $5.81B +12.6% | $5.16B +55.6% | $3.32B +39.3% | $2.38B +105.4% | $1.16B +19.2% | $972.0M |
| Net Income | $49.4M +119.0% | $-259.5M -210.5% | $234.8M +450.2% | $-67.0M -176.2% | $88.0M -7.6% | $95.3M |
| Operating Income | — | $-37.1M -109.0% | $414.3M +949.4% | $39.5M -71.1% | $136.8M +18.4% | $115.6M |
| EPS (Diluted) | $-0.52 +82.3% | $-2.93 -302.1% | $1.45 +283.5% | $-0.79 -158.5% | $1.35 -8.8% | $1.48 |
| Total Assets | $14.91B +8.8% | $13.71B +74.8% | $7.84B +49.9% | $5.23B +197.1% | $1.76B +19.2% | $1.48B |
| Total Debt | $3.88B -11.6% | $4.38B +62.2% | $2.70B +16.3% | $2.32B +406.4% | $459.0M +26.8% | $362.0M |
| Operating Cash Flow | $633.6M -0.1% | $634.0M +53.4% | $413.3M +39.0% | $297.3M +84.6% | $161.0M +35.7% | $118.6M |
AI Insight: COHR Financial Trends
Revenue grew 37% year-over-year to $1.8B in Q1 2026, but operating cash flow turned negative while debt remained elevated.
• Revenue accelerated from $1.3B (Q2 2024) to $1.8B (Q1 2026), +37% growth over 9 quarters.
• Net income rebounded to $191M in Q1 2026 from $-96M in Q2 2025, showing return to profitability.
• Total debt declined 23% from $4.2B (Q2 2024) to $3.2B (Q1 2026), improving leverage profile.
⚠ Operating cash flow swung negative to -$94M in Q1 2026 from +$58M prior quarter—largest deterioration in dataset.
⚠ Equity nearly doubled to $10.7B in Q1 2026; verify if driven by acquisition, restructuring, or accounting restatement.
AI Insight: COHR Ratio Trends
Coherent swung from Q2 2025 losses to sustained profitability; OpMargin and ROIC have stabilized in double digits since Q3 2025.
• Operating margin recovered sharply from -4.2% in Q2 2025 to 13.7% in Q3 2025, sustaining 10%+ through Q1 2026.
• ROIC improved from -2.7% in Q2 2025 to 9.4% in Q3 2025, settling at 5.3% in Q1 2026 versus 3.6% TTM.
• Debt-to-equity declined from 0.80 in Q2 2024 to 0.30 in Q1 2026, strengthening balance sheet.
⚠ Quarterly earnings volatility remains pronounced: NPM swung from 14.3% to -6.2% to 10.6% over three quarters.
⚠ ROA remains modest at 4.4% TTM despite margin recovery; asset efficiency lags historical potential.
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Available Research
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Top Institutional Holders of COHR
FMR LLC
$5.4B22,660,867 shBlackRock, Inc.
$3.6B14,952,975 shVANGUARD CAPITAL MANAGEMENT LLC
$2.9B12,179,609 shVANGUARD PORTFOLIO MANAGEMENT LLC
$2.3B9,459,601 shNVIDIA CORP
$1.9B7,788,161 shSTATE STREET CORP
$1.8B7,747,916 shInvesco Ltd.
$1.6B6,711,332 shGEODE CAPITAL MANAGEMENT, LLC
$1.2B5,238,183 shMORGAN STANLEY
$656.0M2,754,010 shWT Asset Management Ltd
$637.5M2,676,129 sh
| Fund | Value | Shares |
|---|---|---|
| FMR LLC | $5.4B | 22,660,867 |
| BlackRock, Inc. | $3.6B | 14,952,975 |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.9B | 12,179,609 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2.3B | 9,459,601 |
| NVIDIA CORP | $1.9B | 7,788,161 |
| STATE STREET CORP | $1.8B | 7,747,916 |
| Invesco Ltd. | $1.6B | 6,711,332 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.2B | 5,238,183 |
| MORGAN STANLEY | $656.0M | 2,754,010 |
| WT Asset Management Ltd | $637.5M | 2,676,129 |
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Popular Research
Is COHR a good stock to buy?
13F Pro's AI-powered analysis of COHERENT CORP. (COHR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for COHR are available on the COHR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own COHR?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling COHR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of COHERENT CORP.'s investment landscape.